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Profitable farming

  • 11-04-2017 8:07am
    #1
    Mosses
    Registered Users, Registered Users 2 Posts: 3 ✭


    Besides dairying , can anyone tell me how to make more money from farming than I can get from renting it out. Land around here makes from about 200 to 250 per acre.


Comments

  • #2
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Moved to the Farming & Forestry forum

    dudara


  • #3
    jaded_runner
    Banned (with Prison Access) Posts: 10 ✭jaded_runner


    do you not think 200 - 250 is a very good rental price ?


  • #4
    queueeye
    Registered Users, Registered Users 2 Posts: 244 ✭✭queueeye


    Mosses wrote: »
    Besides dairying , can anyone tell me how to make more money from farming than I can get from renting it out. Land around here makes from about 200 to 250 per acre.

    At that money you're making more than the person renting it from you. Same old story, very hard for 2 people to make money from the same piece of ground.


  • #5
    Mosses
    Registered Users, Registered Users 2 Posts: 3 ✭Mosses


    I think if I get that for100 acrea it's 20000/25000 which might be hard to make . No expenses or risks


  • #6
    The part time boy
    Registered Users, Registered Users 2 Posts: 610 ✭✭✭The part time boy


    If you no entailments it be impossible to make any more out of it I would say.

    If you put it on a long term lease you get it tax free

    If your happy to let it work away


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  • #7
    Mosses
    Registered Users, Registered Users 2 Posts: 3 ✭Mosses


    it goes against my nature to rent to someone else but at the same time can sometimes be a busy fool


  • #8
    jaded_runner
    Banned (with Prison Access) Posts: 10 ✭jaded_runner


    the average beef farmer makes 100 euro per acre per year

    some years more , some years a loss

    250 is terrific money

    land delivers a terrible yield , its not an investment for income


  • #9
    The part time boy
    Registered Users, Registered Users 2 Posts: 610 ✭✭✭The part time boy


    Mosses wrote: »
    it goes against my nature to rent to someone else but at the same time can sometimes be a busy fool


    It was agaist my nature too so I let most of it and kept 25 acres so I could still be a farmer !


  • #10
    Username John
    Closed Accounts Posts: 4,237 ✭✭✭Username John


    The part time boy wrote: »
    It was agaist my nature too so I most of it and kept 25 acres so I could still be a farmer !

    Not sure I was ever really a farmer to be honest, but I like pretending to be one... ;)
    Like part timer - I let most of the place on a long term lease, and kept a few acres around the house for myself, for my bit of token farming... Working out well so far...


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